Back in July of this year, I was investing in Morguard North American Residential Real Estate Investment Trust (MRG.UN) after spotting it on Stockopedia.. At first, MRG.UN was inside my non-registered portfolio. And later on, I decided to make a contribution in kind for my TFSA. But ever, since that move, MRG.UN had lost a bit of value. In July, I had bought my MRG.UN stocks at $13.27. This past Friday, Morguard North American Residential Real Estate Investment Trust closed at $13.24. At least, I have good news for that stock. Currently, MRG.UN is on Stockopedia 52 Week High Momentum Screen. This mean that the stock is currently on a high - how long will it last, I don't know.
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